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Property profile & analytics
FOR SALE
Retail space
Https //Www.evrealestate.com/En/Properties/Our-Listings/Undisclosed-Address-Belmont-Ca-94002-Bridgemls-Ml81763543 Belmont, CA 94002
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-0690063
For Sale
1 / 14
$4,000,000
Https //Www.evrealestate.com/En/Properties/Our-Listings/Undisclosed-Address-Belmont-Ca-94002-Bridgemls-Ml81763543, Belmont, CA 94002
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Property summary
AI-generated overview
This exceptional Belmont, CA commercial property presents a lucrative investment or owner-user opportunity. Located at 740 El Camino Real, this 3,915 square foot mixed-use building sits on a 0.15-acre lot and is offered at $4,000,000. The property comprises a full-service restaurant currently generating projected monthly rent of $8,000, and a separate residential unit with existing tenants under lease. The restaurant, established in 2016, is included in the sale with all kitchen equipment and furnishings (excluding the leased dishwasher). The restaurant's modern kitchen equipment was new at the time of installation. This presents a unique opportunity to acquire a property with established income streams from both commercial and residential tenants. The building's strategic location on El Camino Real and Middle Road offers excellent visibility and accessibility. Serious inquiries only
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Total area
3,915 SF
Lot
0.15 ac (6,544 SF)
Zoning code
C30000
APN
044-222-150
UPID
US09-0690063
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Iberia Restaurant
-
Richard E Davidson & Co Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.54M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.23M
Owner & transaction history
Jose Luis Relinque · 11 yrs held
Jose Luis Relinque
since 2015
6 recorded transactions
Zoning & alternative use
C30000 · Belmont, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Belmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belmont submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,665,000
6.5%
$1,540,000
7%
$1,430,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,990,000
Current use
COMMERCIAL (GENERAL)
$1,810,000
Change: -9% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,780,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$314 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$29,536
Tax year 2024
Assessed value
$2,196,932
Assessed 2024
Previous assessed
$2,196,932
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,243,086
Assessed improvement
$953,846
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1949
Heating
NONE
Stories
2
Total area
3,915 SF
Lot
0.15 ac (6,544 SF)
Zoning code
C30000
APN
044-222-150
UPID
US09-0690063
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C30000 · Belmont, CA
Zoning C30000 · permitted uses
C30000 · Belmont, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belmont. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.8M
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1949
Heating
NONE
Stories
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Jose Luis Relinque
Individual
Mailing address
740 EL CAMINO REAL, BELMONT, CA 94002-2303
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2016
—
Jose L Relinque
—
Deed
related
$516,000 · Capital Access Group INC
Jun 30, 2015
$1,795,000
Jose Luis Relinque
Subroto Suyokto
Grant Deed
$500,189 · Lighthouse Bank
May 4, 2001
$875,000
Suyokto Subroto
Dabanian,gregory M & Susan M
Grant Deed
$656,000 · Community National Bank
Sep 9, 1993
—
Gregory Dabanian
Dabanian,gregory
Quit Claim Deed
related
—
—
—
Suyokto Subroto
—
Deed Of Trust
related
$745,000 · Us Bank NA
—
—
Jose L Relinque
—
Deed Of Trust
related
$516,000 · Capital Access Group INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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